about two hours into trading already. xetra dax is down 1.4% here we had some weak macro data coming out of germany. weak german retail sales and weak manufacturing numbers the macro here is weighing cac 40 is also down 0.9% the italian index has been a focus of many peoples attention given election results that's down 0.11%. let's switch to sectors and see where the declines are coming from only one sector in the green, oil and gas, up 0.3% to the down side really no surprise industrials down 1.7%. autos down 1.6 technology down 1.5% similar theme to what we saw in u.s. trading yesterday but perhaps not as bad back to you. >> thank you very much >>> outside of stocks, here is how things look this morning oil is slightly higher we are not seeing a big change in the euro/dollar 1.23 for the euro/dollar gold is down a bit to 1,341 per